LABOR SUBSTITUTABILITY IN LABOR INTENSIVE AGRICULTURE AND TECHNOLOGICAL CHANGE IN THE PRESENCE OF FOREIGN LABOR
Orachos Napasintuwong () and
Robert D. Emerson
No 20048, 2004 Annual meeting, August 1-4, Denver, CO from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
The Morishima elasticity of substitution (MES) is estimated to address factor substitutability in Florida agriculture during 1960-1999. By adopting a profit maximization model of induced innovation theory, the MES's between hired and self-employed labor and the MES's between labor and capital provide implications for future immigration policies.
Keywords: Labor; and; Human; Capital (search for similar items in EconPapers)
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Working Paper: Labor Substitutability in Labor Intensive Agriculture and Technological Change in the Presence of Foreign Labor (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea04:20048
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